For American Xbox 360 owners, and European PS3 owners, June 30th is going to bring a gem to the arcade scene of Live and PSN. It's OutRun Online, an online speed-fest based on OutRun 2006, with 15 courses, and support of online head-to-head play for six players.
http://www.youtube.com/watch?v=ou1fJ6CoRcI
OutRun has long since been a favorite of mine and I would say it, arguably, influenced many other games in the genre with its approach to racing. If you aren't familiar with the series, it will be a great time to get aquainted. It's looking pretty good for an arcade title.
JoyStiq Screens:
Kotaku:
IGN: